Receiving the CEO of Vlisco Group, David Suddens, at the Presidential Villa, President Buhari welcomed the proposed investment of $200 million by the company in Nigeria, which will, in turn, create 700,000 jobs. ”I am very much aware of your company’s effort especially your investments in the textile industry, and it is one area that we are trying to develop because it will create employment and boost agriculture.
President Buhari reiterated Nigeria’s commitment to forging a stronger economic partnership with the Netherlands, assuring the Dutch investor that the Nigerian authorities will continue to do the utmost to keep smugglers at bay at borders. In his remarks, Suddens told the President that the 172-year-old company plans to use cotton grown in Nigeria for production.
”I am convinced that it is time for the textile industry to move from Asia to Africa, ” he said. Also speaking, the Dutch Ambassador to Nigeria, Mr Robert Petri told President Buhari that the company’s visit was a follow-up to his successful visit to the Netherlands in July, during which he met with Chief Executive Officers of Dutch companies.
”This shows that we are seriously committed to furthering our collaboration,” Petri said.